Founded in Bradford in 1974, Nazman Chartered Accountants earned a hard-won reputation as the most formidable tax investigation specialists in the north of England. We will happily take on cases other firms will shy away from and fight hard to deliver the best outcome achievable. Alongside our specialist tax investigation practice, we offer a range of advisory and compliance services to take care of all your business needs.
Whether you own a long-established company or are just starting out, please get in touch with us. We will never stop working our utmost to turn your dreams of financial success into reality.
Whether you own a long-established company or are just starting out, please get in touch with us. We will never stop working our utmost to turn your dreams of financial success into reality.
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The personal liability notice system was introduced to act as a deterrent to abuse and losses to the National Insurance Fund.
Where direct taxes are in dispute, usually your appeal will be settled by reaching an agreement.
HMRC Records checks fall into two categories, full compliance checks and information on a certain aspect of the return.
Our experience as tax investigation specialists makes us very well-placed to offer advice on safe, legal ways to minmise the tax you need to pay.
All self-employed contractors, partners and partnerships, limited companies and sole traders are required by law to submit a self assessment tax return each year.
Where direct taxes are in dispute, usually your appeal will be settled by reaching an agreement.
HMRC Records checks fall into two categories, full compliance checks and information on a certain aspect of the return.
Our experience as tax investigation specialists makes us very well-placed to offer advice on safe, legal ways to minmise the tax you need to pay.
All self-employed contractors, partners and partnerships, limited companies and sole traders are required by law to submit a self assessment tax return each year.
For investigations into direct taxes such as income tax and corporation tax, tax returns may be selected at random, including those in which everything appears to be in order.
However, the bulk of enquiries are selected according to risk, on the basis that there is significant tax at risk, or a suspicion that something is wrong.
You may be fortunate to be subject to a fairly routine enquiry, which can be resolved by the production of supporting records.
However, it could also be the prelude to more serious investigations.
However, the bulk of enquiries are selected according to risk, on the basis that there is significant tax at risk, or a suspicion that something is wrong.
You may be fortunate to be subject to a fairly routine enquiry, which can be resolved by the production of supporting records.
However, it could also be the prelude to more serious investigations.
Where direct taxes are in dispute, usually your appeal will be settled by reaching an agreement.
HMRC will consider your reasons for appealing and may agree to amend their decision.
This will be confirmed in writing and you will have 30 days to accept or decline the amendment, before the tax or penalty adjustment is applied.
If there is no agreement you can ask either for a review by HMRC or apply for a hearing by an independent tribunal.
The revew will be by another tax officer who has had no prior involvement in the case.
HMRC will consider your reasons for appealing and may agree to amend their decision.
This will be confirmed in writing and you will have 30 days to accept or decline the amendment, before the tax or penalty adjustment is applied.
If there is no agreement you can ask either for a review by HMRC or apply for a hearing by an independent tribunal.
The revew will be by another tax officer who has had no prior involvement in the case.
HMRC Records checks fall into two categories.
The first is when HMRC request a full compliance check on every aspect of your income tax return.
The second is when the request information on a certain aspect of the return such as the capital gains calculation or the claim for relief on charitable donations.
If HMRC finds errors on your annual tax return, they can make the assumption that the same errors have been made in all the other years.
They will then give you a bill for unpaid tax, interest and penalties going back for these years.
The first is when HMRC request a full compliance check on every aspect of your income tax return.
The second is when the request information on a certain aspect of the return such as the capital gains calculation or the claim for relief on charitable donations.
If HMRC finds errors on your annual tax return, they can make the assumption that the same errors have been made in all the other years.
They will then give you a bill for unpaid tax, interest and penalties going back for these years.
Our experience as tax investigation specialists makes us very well-placed to offer advice on safe, legal ways to minmise the tax you need to pay be it income tax, corporation tax, capital gains tax, stamp duty, inheritance tax or value added tax.
It can be a very pleasant surprise to many of our new clients as to how much tax can ne saved by employing a highly skilled advisor.
We have acted for a very wide range of clients from prominent high net worth personalities to those just starting out in business.
It can be a very pleasant surprise to many of our new clients as to how much tax can ne saved by employing a highly skilled advisor.
We have acted for a very wide range of clients from prominent high net worth personalities to those just starting out in business.
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